Executive Managing Director and Partner Justin Robinson of Stream Realty Partners’ Houston office will expand his focus on the booming industrial development market beginning in the first quarter of 2022.
Robinson will serve as a key leader of Stream’s growing Industrial Development Services division. He brings 16 years of industrial development and leasing experience to the role and was instrumental in the opening of Stream’s Houston office in 2006.
Robinson will broaden his scope as a player-coach and help oversee all industrial development across the Southeast Region. Stream, a national real estate services, development, and investment company, currently has 46 projects in the pipeline, totaling over 42 million square feet in markets including Dallas-Fort Worth, Houston, Austin, San Antonio, Southern California, Denver, Chicago, Nashville, Atlanta, and the Carolinas.
“As a firm, we pride ourselves on being good students of the market and have thus committed to going long on industrial development,” Robinson said. “This strategic move helps us centralize the service as we continue to expand our development offering into all 15 of Stream’s existing offices. Our experienced Houston development team will continue its current mission while expanding our geographic reach to help turbocharge other Stream markets in the Southeast Region. Now is the perfect time for me to make the move, and it was a natural fit to join forces with other Stream industrial developers to better service our partners, standardize our offering, and spread our development expertise across the platform.”
Tyler Wellborn will join Robinson as a Senior Director, overseeing development and construction across the region. Kyle Fletcher will join as a Director with a focus on the Houston market. Craig McKenna, a 10-year Stream veteran, will join as a Director on the Industrial Development Services team, assisting with deal procurement and execution across the region.
Over the last few years, Stream has strategically grown its industrial development portfolio across the country, making major strides in Denver, Southern California, and Texas with announcements forthcoming in additional markets. According to NAIOP, the Commercial Real Estate Development Association, the demand for industrial real estate across the U.S. will continue to be strong for years to come, fueled by the continued growth of e-commerce. The organization notes that industrial transaction prices per square foot are on the rise, with vacancy rates remaining low and demand outpacing supply.
“We are thrilled to join forces with this talented team to help with our mission of quickly and effectively expanding Stream’s industrial development offering nationally,” said Cannon Green, National Head and Partner of Stream’s Industrial Development Services division. “With so much untapped potential in the Southeast Region, this team’s strong relationships, unrivaled ability to execute, and product type expertise will be a tremendous resource in helping us methodically source and execute new opportunities alongside our trusted partners.”